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Bangladeshi Tech Startup Webinar
This live webinar event will take place on 21 June (Tuesday) 2022 for 5 pm Hong Kong Time/ 3 pm Bangladesh Time/ 10 am UK time.

Bangladesh’s startup ecosystem emerged on the international radar in 2010 when its local mobile financial services startup, bKash, rose to fame as a joint venture between BRAC Bank (Dhaka) and the United States’ Money in Motion LLC. With further VC funding from companies including Ant Financial, it became Bangladesh’s first-ever unicorn in 2018. Since 2010, Bangladesh’s startup ecosystem has gathered cumulative funding of US$742 million of which US$165 million was raised in just 2021 alone, almost quadruple that of what was raised in the year prior showcasing the country’s rapidly advancing ICT sector in the post-pandemic recovery phase. Currently, the nation has 1200 active startups and 200 new startups are joining the industry every year. Studies show that almost 70% of these aspiring startups are FinTech companies, 13.8% are logistics and mobility companies and almost 7% are e-commerce platforms with the remaining involved in HealthTech, EdTech and Consumer Services, all of which are becoming increasingly relevant and in-demand in the international financial and digital arenas. It is also interesting, and impressive, to note that approximately 90% of all funding for Bangladeshi startups comes from international investors.

Despite such excellent growth factors, Bangladesh’s startups still have much to learn from other regional country startup ecosystems, including those of fellow Commonwealth nations such as India, Singapore and Pakistan that have raised billions and several unicorns. To facilitate the conversation on potential areas of growth and the future of Bangladesh’s tech startup ecosystem, we invite the Co-founders of three burgeoning and exceptional Bangladeshi tech startups, ChalDal, Kotha and Durjoy DSS, to share their experiences, business models and the challenges and triumphs of their journeys.

Jun 21, 2022 05:00 PM in Hong Kong SAR

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